A residential property appraisal helps establish a home’s market value, or the likely sales price that the property would fetch if offered in a competitive real estate market. Whenever someone uses a home or other type of real estate as security for a loan, the lender will order an appraisal to be conducted by a...Read More
Your contract with a buyer’s agent will usually stipulate that the agent’s commissions - typically about 3 percent - be paid out of the seller’s proceeds at closing. Does that mean the seller pays? Well it does and it doesn’t. Since you, the buyer are the one taking the cash to the table and the...Read More
Losing out on a home you’ve offered on SUCKS. Walking the property, imagining the move, picturing the space as your own…….all to have another buyer swoop in and submit a better offer. No more! Landing your dream home is now about timing, contract structure and submitting the strongest offer possible as soon as you can....Read More
There are many real estate investors who are utilizing traditional lender programs. With interest rates continuing to slide this has become an increasingly viable option. As popular as lender programs are not every borrower can get approved. There are still strict guidelines in place and a mountain of documentation that has to be provided. With...Read More
There is a lot that goes into buying a home. This is the case whether you plan on living in the property or using it as an investment. What most veteran homebuyers know is that the list price is not the amount you end up spending. Between property taxes, insurance and miscellaneous closing costs this...Read More
The best real estate investors understand the importance of a keeping a full pipeline. Closing a deal today is great only if you can find ways to build on that momentum. In almost any market there are motivated sellers. The key is to constantly strive for ways to find them. One of the misconceptions in...Read More
As remote working powers through its tipping point, what evolving real estate trends do home buyers, and investors need to be aware of? If it hasn’t already, remote working is on the fast path to becoming the most common way to work. The biggest impact for the real estate industry is still to come. So just...Read More
If you want to ace the home loan process it pays to be prepared. While some sources report that it has become easier to obtain a mortgage loan, it is still far from as easy as it was 10 years ago. With the current rush to secure loans before interest rates go higher, lenders get...Read More
How can real estate pros prepare their clients to survive the mortgage process? While some sources suggest that getting a home mortgage loan is getting easier, it will continue to be a quirky and trying process until major innovations are implemented. Mortgage struggles are one of the most common reasons that real estate deals fall...Read More
How can real estate investors successfully source, buy, and recycle foreclosure properties this year? Yes, there are still thousands of distressed and foreclosed homes in the U.S. property market in 2016. There may be far fewer than before and they may be a little harder to find, but they are there. So how can real...Read More